Business

Port to rent rail cars in deal with N. Dakota

6:36 p.m. August 27
Leased cars will move agricultural goods that will be shipped to Asia, Latin America

Aiming to boost trade between North Dakota and the Pacific Rim, the Port of Vancouver has launched a new venture of leasing rail cars to move agricultural products to the West Coast.

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Wyden, stalwart defender of open Internet

By Brier Dudley, The Seattle Times August 29, 2014 6 a.m.

PORTLAND — It can be hard to argue with U.S. Sen. Ron Wyden, the Oregon Democrat who has been at the forefront of the biggest tech-policy issues in recent years.

Report: Wage gap prevalent in U.S. restaurant industry

By Roberto A. Ferdman, The Washington Post August 29, 2014 6 a.m.

WASHINGTON — The overall gender pay gap has been well-documented, but a new report shows it's particularly pronounced in the food service industry, where women are being underpaid in just about every job — even when accounting for tips.

Abercrombie name to shrink from clothing

By Associated Press August 29, 2014 6 a.m.

NEW YORK — The Abercrombie & Fitch logo has lost the power it once wielded. Shares of Abercrombie & Fitch Co. tumbled Thursday after reporting weak sales as more teens shop elsewhere.

Sapa Extrusions is exceeding expectations

By Courtney Sherwood August 28, 2014 5:08 p.m.

Three years after setting up its first Vancouver manufacturing operation, a Norwegian-owned business is exceeding its own expectations at the site. Sapa Extrusions employs more people in Clark County than it originally planned, said regional plant manager Mats Johansson. It is pursuing a certification that could lead to more hiring. And Johansson said he sees a long future for the aluminum-products maker in the community.

U.S. economy grew at brisk 4.2% rate in Q2

By MARTIN CRUTSINGER, Associated Press August 28, 2014 4:51 p.m.

WASHINGTON — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.

ClearEdge Power buyer will sell hub in Oregon

By Molly Young, The Oregonian August 28, 2014 4:50 p.m.

PORTLAND — The apparent final act of ClearEdge Power in Oregon begins next Tuesday.

PC sales surge in big markets

By Associated Press August 28, 2014 6 a.m.

SEATTLE — Apparently people are still buying a lot of PCs.

Port to rent rail cars in deal with N. Dakota

By Aaron Corvin August 27, 2014 6:36 p.m.

Aiming to boost trade between North Dakota and the Pacific Rim, the Port of Vancouver has launched a new venture of leasing rail cars to move agricultural products to the West Coast.

Farm income down 14% from 201313

By Alan Bjerga and Megan Durisin, Bloomberg News August 27, 2014 6 p.m.

CHICAGO — Lower prices for corn and soybeans will drive the profits of U.S. farmers down to an estimated $113.2 billion in 2014, a decline of 14 percent from last year's record, according to the Department of Agriculture.

Biomass project nets $200k state grant

By Eric Florip August 27, 2014 5:37 p.m.

A $200,000 state grant will support a new biomass-fueled power plant near Stevenson expected to be operational next year, Gov. Jay Inslee announced Wednesday. The money will go to Wind River Biomass Utility, which has pursued the project will local, state and federal partners.

Health care deal boosts West Coast port talks

By JUSTIN PRITCHARD, Associated Press August 27, 2014 5:23 p.m.

LOS ANGELES — Negotiators hoping to forge a new contract for dockworkers and keep hundreds of billions of dollars in cargo moving smoothly through West Coast seaports made significant progress with a tentative deal on health care benefits, a knotty issue that tied up talks for months.

Cantwell targets small business loan gender gap

By JOYCE M. ROSENBERG, Assocoiated Press August 27, 2014 5:21 p.m.

Women still have a hard time getting small business loans. Sen. Maria Cantwell is determined to close the gap.

Reports: FBI investigating JPMorgan hacking incident

By Associated Press August 27, 2014 4:47 p.m.

NEW YORK — The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter.

Kia announces plans for $1.5B auto plant in Mexico

By Los Angeles Times August 27, 2014 4:16 p.m.

Kia Motors will open a $1.5-billion auto plant in northern Mexico in 2016, with the capacity to build 300,000 vehicles annually, Mexican President Enrique Peña Nieto announced Wednesday.

Intel to get Oregon tax breaks worth about $2B

By Associated Press August 27, 2014 4:15 p.m.

HILLSBORO, Ore. — Officials have approved a tax break for Intel that could be worth about $2 billion during its expansion in Washington County west of Portland.